ORLANDO, Fla. -- March 10, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced at the 65th Annual Truckload Carriers' Association (TCA) that it has either signed new or renewed key agreements with 45 U.S. carriers to deploy mobile communications system units on board their fleet. Each of the 45 fleets have shown a commitment to improving productivity while enhancing fleet vehicle utilization with state-of-the-art, high-value cargo solutions.
Qualcomm's newest customers that have signed include Bavarian Motor Transport, Contract Transport Services, Gulf Mark, Keith Smith Trucking, Mission Petroleum Carriers, RBX, Summit Trucking, S&H Express and Sunrise Express. Commitment to excellence and customer service were cited as two of the reasons existing Qualcomm customers have renewed their agreements this quarter. These customers include Appalachian Freight Carriers, Ard Trucking, Cox Petroleum, Davis Transfer, Fort Worth Cattle, Gainey Transportation, Gene Hyde Trucking, Jacobson Transport, Little Bear Transport, Inc., McKelvey Trucking Co., and MP Environmental Services.
"The increased number of carriers that have chosen the Qualcomm system reinforces the demonstrable return on investment that Qualcomm offers by delivering the highest value solutions and services," said Glynn Spangenberg, vice president and general manager of transport logistics for Qualcomm Wireless Business Solutions. "Qualcomm is committed to delivering the most efficient and secure global wireless business solutions. Our customers expect this level of commitment in order to succeed in their markets over the long run."
With security at the forefront of many of the nation's fleet priorities, Mission Petroleum, a bulk products transportation carrier, will begin deployingOmniTRACS® system units onboard their fleet vehicles immediately.
"As a hazardous materials carrier in today's high-threat environment, we are extremely concerned about the security of our cargo, drivers and the general public," said David Fontenot, executive vice president for Mission Petroleum Carriers. "Our decision to work with Qualcomm was due to their tried and true reputation of delivering consistently reliable fleet security solutions. Qualcomm's path for developing future generations of transportation solutions, plus their substantial commitment to invest in new initiatives, gives us a high level of confidence that we will succeed with Qualcomm."
Mission Petroleum Carriers, Inc is a transportation company concentrating in the movement of commodities in bulk throughout the continental United States, Canada and Mexico. Based in Houston, TX, Mission has been providing customers with exceptional service since 1965. Mission Petroleum Carriers, Inc. is a privately held common/contract carrier specializing in the transportation of products in bulk between the U.S., Canada and Mexico. Mission operates terminal facilities throughout Texas, Louisiana, Oklahoma, Kansas, Illinois, Alabama, and on the Mexican border.
Qualcomm has helped the transportation industry become more efficient since 1988 when the introduction of the OmniTRACS mobile communications system provided transportation companies with an innovative and effective way of managing logistics. Today, Qualcomm's fleet management solutions continue to set the standard by offering products and services that meet and exceed the demands of a constantly changing marketplace. Now withOmniExpress®, a CDMA-based digital wireless communications and tracking system;GlobalTRACS™, an equipment management system for the construction equipment industry; and other industry-leading technologies, Qualcomm continues to expand into new mobile markets.
Qualcomm is the industry's global leader in providing high-value wireless data solutions with a Network Management Center that processes more than seven million transactions each day and has shipped over 460,000 Qualcomm mobile systems to businesses in more than 39 countries on four continents.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent to which the Company's OmniTRACS and other mobile communications products are deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 30, 2002, and most recent Form 10-Q.